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Glenmark Life Sciences Limited Stock Dividends Overview

GLS.BO used to pay dividends biannually. Last paid amount was ₹22.50 at Nov 08, 2023. As of today, dividend yield (TTM) is 3.56%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.56%
Frequency Biannually
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹22.50
Glenmark Life Sciences Limited has not yet announced its next dividend date. Last payment date was: Nov 08, 2023.

GLS Dividend Payout History

To ensure a understanding of GLS's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 17, 2023 Oct 17, 2023 Nov 08, 2023 ₹22.50 3.56%
2 Mar 24, 2023 Mar 24, 2023 Mar 29, 2023 ₹21.00 5.49%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

good (88.65%)

Growth potential

Stable (24.29%)

GLS Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GLS dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GLS stock here.

FAQ

What factors can affect the amount of GLS.BO's dividend payments?
The amount of GLS.BO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GLS.BO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GLS.BO stock be automatically reinvested?
If GLS.BO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GLS.BO stock.

How often does GLS.BO pay dividend?
Glenmark Life Sciences Limited (GLS.BO) used to pay dividends biannually. The most recent payout was on Nov 08, 2023.

How much does GLS.BO pays per share?
The last recorder (Oct 17, 2023) dividend per share was ₹22.50.

What is GLS.BO dividend growth rate?
Over the last year, Glenmark Life Sciences Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 2.33%. Furthermore, examining the past 5 years, Glenmark Life Sciences Limited has maintained an average Dividends Per Share Growth Rate of 1.39%.
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